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500 000 Dinara
| Issuer | Narodna Banka Jugoslavije (National Bank of Yugoslavia) |
|---|---|
| Year | 1989 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| In circulation to | 1990 |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse bears a central vignette of the Partisan memorial monument at Kozara rendered in blue-violet intaglio against a pale map outline of Yugoslavia, with small human figures visible at the monument's base conveying its monumental scale. The denomination 500000 is repeated in guilloche rosettes at left and right, and the date VII 1989 appears at upper right within a decorative surround. The issuing authority name and printer's imprint are inscribed in small lettering along the bottom margin. |
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| Protection type | Log in to see details |
| Protection description | Embedded vertical security thread running through the note |
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| Comments |
By the time this note was issued, Yugoslav inflation had already broken through levels that made annual figures meaningless — 1989 ended with inflation exceeding 1,200 percent, and the 500,000 dinar denomination, unthinkable a decade earlier, was itself obsolete within months. The following January, Prime Minister Ante Marković's reform program redenominated the currency at 10,000 old dinars to one new dinar, instantly reducing this note's face value to 50 new dinars.
ZIN had been churning through denominations so rapidly that the 500,000 was printed and circulated within the same calendar year as several other record-high face values — the presses barely keeping pace with the central bank's issuance schedule.